Eliciting Survival Expectations of the Elderly in Low-Income Countries: Evidence From India

Delavande, A; Lee, J; Menon, S

Eliciting Survival Expectations of the Elderly in Low-Income Countries: Evidence From India

Delavande, A

Lee, J Menon, S

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Publication Type:: Journal Article
Citation:: Demography, 2017, 54 (2), pp. 673 - 699
Issue Date:: 2017-04-01

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Field	Value	Language
dc.contributor.author	Delavande, A https://orcid.org/0000-0001-8691-6359	en_US
dc.contributor.author	Lee, J	en_US
dc.contributor.author	Menon, S	en_US
dc.date.issued	2017-04-01	en_US
dc.identifier.citation	Demography, 2017, 54 (2), pp. 673 - 699	en_US
dc.identifier.issn	0070-3370	en_US
dc.identifier.uri	http://hdl.handle.net/10453/135752
dc.description.abstract	© 2017, The Author(s). We examine several methodological considerations when eliciting probabilistic expectations in a developing country context using the Longitudinal Ageing Study in India (LASI). We conclude that although, on average, individuals are able to understand the concept of probability, responses are sensitive to framing effects and to own versus hypothetical-person effects. We find that overall, people are pessimistic about their survival probabilities compared with state-specific life tables and that socioeconomic status does influence beliefs about own survival expectations as found in previous literature in other countries. Higher levels of education and income have a positive association with survival expectations, and these associations persist even when conditioning on self-reported health. The results remain robust to several alternative specifications. We then compare the survival measures with objective measures of health. We find that activities of daily life, height, and low hemoglobin levels covary with subjective expectations in expected directions.	en_US
dc.relation.ispartof	Demography	en_US
dc.relation.isbasedon	10.1007/s13524-017-0560-8	en_US
dc.rights	info:eu-repo/semantics/openAccess
dc.subject.classification	Demography	en_US
dc.subject.mesh	Humans	en_US
dc.subject.mesh	Activities of Daily Living	en_US
dc.subject.mesh	Life Expectancy	en_US
dc.subject.mesh	Longitudinal Studies	en_US
dc.subject.mesh	Perception	en_US
dc.subject.mesh	Age Factors	en_US
dc.subject.mesh	Health Status	en_US
dc.subject.mesh	Aging	en_US
dc.subject.mesh	Developing Countries	en_US
dc.subject.mesh	Social Class	en_US
dc.subject.mesh	Poverty	en_US
dc.subject.mesh	Aged	en_US
dc.subject.mesh	Middle Aged	en_US
dc.subject.mesh	Educational Status	en_US
dc.subject.mesh	India	en_US
dc.subject.mesh	Female	en_US
dc.subject.mesh	Male	en_US
dc.subject.mesh	Biomarkers	en_US
dc.title	Eliciting Survival Expectations of the Elderly in Low-Income Countries: Evidence From India	en_US
dc.type	Journal Article
utslib.citation.volume	2	en_US
utslib.citation.volume	54	en_US
utslib.for	1603 Demography	en_US
utslib.for	1403 Econometrics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Economics Discipline
utslib.copyright.status	open_access	*
pubs.issue	2	en_US
pubs.publication-status	Published	en_US
pubs.volume	54	en_US

Abstract:

© 2017, The Author(s). We examine several methodological considerations when eliciting probabilistic expectations in a developing country context using the Longitudinal Ageing Study in India (LASI). We conclude that although, on average, individuals are able to understand the concept of probability, responses are sensitive to framing effects and to own versus hypothetical-person effects. We find that overall, people are pessimistic about their survival probabilities compared with state-specific life tables and that socioeconomic status does influence beliefs about own survival expectations as found in previous literature in other countries. Higher levels of education and income have a positive association with survival expectations, and these associations persist even when conditioning on self-reported health. The results remain robust to several alternative specifications. We then compare the survival measures with objective measures of health. We find that activities of daily life, height, and low hemoglobin levels covary with subjective expectations in expected directions.

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http://hdl.handle.net/10453/135752